Question: 4. Crowding out, crowding in, and the twin deficits The term twin deficits refers to the observation that larger budget deficits can bring higher

4. Crowding out, crowding in, and the twin deficits The term "twindeficits" refers to the observation that larger budget deficits can bring higher

interest rates, which bring correspondingly v trade deficits.image text in transcribed

4. Crowding out, crowding in, and the twin deficits The term "twin deficits" refers to the observation that larger budget deficits can bring higher interest rates, which bring correspondingly v trade deficits.

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